Michigan company to purchase patent covering bitcoin ATM transactions

December 28, 2017

DNA Dynamics Inc. has announced that its U.K. subsidiary, DNA Interactive Ltd., has signed a binding term sheet to acquire a patent that requires bitcoin ATM…

Parties told to 'engage constructively' to preserve free-to-use ATMs in UK

December 21, 2017

British MP Nicky Morgan, chair of the governments Treasury Committee, has written to Link chairman Mark Boleat urging parties involved in the dispute over ATM…

Nets, OpenWay collaborate to monetize PSD2, open banking

December 19, 2017

Nets, a Nordic digital payments specialist, and OpenWay Group, a Brussels-based digital payment software developer, have published a white paper for…

Indian government announces new program to encourage noncash transactions

December 19, 2017

India is again stepping up efforts to displace cash with cards for everyday consumer purchases.

Cardtronics UK says Link fee cut would force ATM fleet reductions, surcharges

December 14, 2017

If the U.K.'s Link ATM network proceeds with a plan to reduce fees paid by banks for off-us transactions, the nation's largest ATM provider, Cardtronics U.K.…

How blockchain could choke off ATM money-laundering

AML-KYC regs are a helpful tool for fighting crime, but a headache for ATM operators. Could there be a simple, cost-effective, surefire solution to the problem…

Prospect of 'ATM deserts' alarms UK Parliament

December 1, 2017

Politicians in the U.K. are responding to warnings raised by the ATM Industry Association that the reduction in exchange fees proposed by the Link ATM network…

20 percent cut in ATM fees potentially 'catastrophic' for UK cash users

November 7, 2017

A decision by Link, the U.K.'s largest ATM network provider, means that 1 in 5 ATMs will disappear from Britain's high streets within four years, according to…

Trump's Fed chair nomination well-received by ABA, NAFCU

November 3, 2017

The American Bankers Association and the National Association of Federally Insured Credit Unions have both issued statements on the nomination by President…

India's ATM installation rate lags despite renewed banknote availability

October 24, 2017

As banks in India place greater emphasis on digital transactions, the growth of ATM networks has seen a marked slowdown, according to a report by Hindu…

Free kit offers aid to ATM operators still plagued by OCP

September 29, 2017

Although both the FDIC and Department of Justice have publicly confirmed the termination of Operation Choke Point, the ATM Industry Association continues to…

ATM network segmentation no guarantee against malware, study says

September 27, 2017

The Europol European Cybercrime Centre and Trend Micro, a provider of cybersecurity solutions, have released a comprehensive report on the current state of ATM…

UK watchdog OK's Cardtronics acquisition of DC Payments

September 26, 2017

The U.K.'s Competition and Markets Authority has approved the acquisition by Cardtronics of DirectCash Payments Inc., an ATM services provider with primary…

IADs hope central bank review will revive India's white label ATM market

September 12, 2017

India's independent ATM deployers are counting on a review of white label ATM guidelines by the Reserve Bank of India to deliver a jolt to the nation's…

Bitcoin value drops on news of Chinese exchange shutdown

September 11, 2017

Between Thursday and Friday last week, Bitcoin value dropped 7.3 percent following reports that Chinese regulators were forcing the shutdown of that…

FFIEC intros industry outreach website

September 7, 2017

The Federal Financial Institutions Examination Council has launched an industry outreach website to share information about financial institution supervision…

Cardtronics, DirectCash merger gets provisional OK from UK authority

September 5, 2017

Based on an in-depth, independent investigation, the Competition and Markets Authority in the U.K. has provisionally cleared the acquisition of ATM provider…

SEC investigation of The Dao opens a can of worms for ICOs

July 31, 2017

The Securities and Exchange Commission issued an investigative report Wednesday cautioning market participants that offers and sales of digital assets (i.e.…

An abandoned program still haunts ATM operators

When Operation Choke Point was halted and financial institution regulators were directed to pull back on enforcement, the ATM industry thought it could breathe…

An ITC ruling for Hyosung brings the patent bout with Diebold right back to a draw

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The bell has rung on the latest round of the Diebold-Hyosung patent matchup. The contenders have retreated to their corners with gloves raised in victory, but…